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Ministry of Industry and Trade: Trade turnover between Russia and China will grow, but steadily
10:07; 08 July 2025 year
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Trade turnover between Russia and China will grow, but steadily. The countries will switch to trade in highly innovative goods with high added value, said Deputy Minister of Industry and Trade of the Russian Federation Alexei Gruzdev at the session "Cooperation between Russia and China in the field of industrial innovation&"within the framework of Innoprom-2025."
By the end of 2024, the trade turnover amounted to $245 billion, but there has been a decrease in the first five months of 2025. This is influenced not only by internal and external factors, but also by pressure on the competitive advantages of countries. The processes of transformation of economic systems are also important.
